ZDV.TO vs. ZDY.TO
Compare and contrast key facts about BMO Canadian Dividend ETF (ZDV.TO) and BMO US Dividend ETF (CAD) (ZDY.TO).
ZDV.TO and ZDY.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZDV.TO is an actively managed fund by BMO. It was launched on Oct 21, 2011. ZDY.TO is an actively managed fund by BMO. It was launched on Mar 19, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZDV.TO or ZDY.TO.
Correlation
The correlation between ZDV.TO and ZDY.TO is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ZDV.TO vs. ZDY.TO - Performance Comparison
Key characteristics
ZDV.TO:
2.58
ZDY.TO:
2.72
ZDV.TO:
3.67
ZDY.TO:
3.96
ZDV.TO:
1.48
ZDY.TO:
1.51
ZDV.TO:
4.19
ZDY.TO:
6.21
ZDV.TO:
11.67
ZDY.TO:
19.03
ZDV.TO:
1.85%
ZDY.TO:
1.35%
ZDV.TO:
8.39%
ZDY.TO:
9.41%
ZDV.TO:
-43.20%
ZDY.TO:
-32.99%
ZDV.TO:
-1.67%
ZDY.TO:
-1.50%
Returns By Period
In the year-to-date period, ZDV.TO achieves a 2.25% return, which is significantly lower than ZDY.TO's 3.15% return. Over the past 10 years, ZDV.TO has underperformed ZDY.TO with an annualized return of 7.13%, while ZDY.TO has yielded a comparatively higher 10.74% annualized return.
ZDV.TO
2.25%
0.33%
8.58%
18.91%
8.63%
7.13%
ZDY.TO
3.15%
0.28%
11.85%
24.90%
9.89%
10.74%
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ZDV.TO vs. ZDY.TO - Expense Ratio Comparison
ZDV.TO has a 0.39% expense ratio, which is higher than ZDY.TO's 0.30% expense ratio.
Risk-Adjusted Performance
ZDV.TO vs. ZDY.TO — Risk-Adjusted Performance Rank
ZDV.TO
ZDY.TO
ZDV.TO vs. ZDY.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO Canadian Dividend ETF (ZDV.TO) and BMO US Dividend ETF (CAD) (ZDY.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ZDV.TO vs. ZDY.TO - Dividend Comparison
ZDV.TO's dividend yield for the trailing twelve months is around 3.75%, more than ZDY.TO's 2.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZDV.TO BMO Canadian Dividend ETF | 3.75% | 3.82% | 4.39% | 4.38% | 3.88% | 4.79% | 4.39% | 5.41% | 4.24% | 4.11% | 4.95% | 4.28% |
ZDY.TO BMO US Dividend ETF (CAD) | 2.02% | 2.08% | 2.56% | 2.62% | 2.46% | 3.85% | 3.19% | 2.95% | 2.77% | 2.60% | 2.68% | 2.68% |
Drawdowns
ZDV.TO vs. ZDY.TO - Drawdown Comparison
The maximum ZDV.TO drawdown since its inception was -43.20%, which is greater than ZDY.TO's maximum drawdown of -32.99%. Use the drawdown chart below to compare losses from any high point for ZDV.TO and ZDY.TO. For additional features, visit the drawdowns tool.
Volatility
ZDV.TO vs. ZDY.TO - Volatility Comparison
The current volatility for BMO Canadian Dividend ETF (ZDV.TO) is 2.64%, while BMO US Dividend ETF (CAD) (ZDY.TO) has a volatility of 2.93%. This indicates that ZDV.TO experiences smaller price fluctuations and is considered to be less risky than ZDY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.